Vinyl acetate monomer US Transcript
The ICIS US vinyl acetate monomer (VAM) report is a weekly report based on a US Gulf (USG) contract price in cents per pound and is converted into dollars per tonne.
Some VAM customers have monthly contracts, but most still have quarterly contracts so we also report the quarterly price and update it.
It also provides a free on board (FOB) export price that is converted into cents per pound. These prices are provided to us each week by buyers and sellers.
The report also contains the latest contract price for ethylene which is a monthly price.
Subscribers to the report include major producers plus a strong selection of VAM buyers and paints and coatings producers.
It is a benchmark report which is crucial to our customers for helping them make key financial decisions.
Besides price information, the report usually contains references to the latest feedstock prices, which are acetic acid, ethylene, methanol and natural gas. Sometimes a reference to European prices, because Europe is a major export destination.